Odyssey Logistics & Technology

Odyssey Logistics got an increase in its outlook from Moody’s, a change from earlier ratings agency actions on 3PLs.

Odyssey Logistics, a 3PL that specializes in metals and chemicals, had its debt rating upgraded by Moody’s.

“The program offers technical and consultative resources that both shippers and carriers can use to reduce their carbon footprints, while improving the speed, resilience and efficiency of their supply chains,” said Bob Shellman, president and CEO at Odyssey Logistics.

The outlook for the pandemic hurt the company’s review last year, but Moody’s has a more positive view in 2021.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Odyssey Logistics opens facility in Laredo; CBP beefs up border security; Rockport Terminals acquired by Jones Capital; and train collides with tractor-trailer in Houston.

Carriers, logistics businesses and technology providers make the cut in 2020.